1+ hour, 49+ min ago  (355+ words) IRENA estimated that renewable energy installations avoided approximately $480 billion in fossil fuel costs during 2025, describing renewable generation as an effective buffer against energy price volatility and geopolitical disruptions. "The decline in renewable energy costs is delivering a powerful economic dividend,…...

2+ hour, 55+ min ago  (347+ words) The first report issued by a U. N. independent scientific panel on artificial intelligence said the technology's rapid advancement offers significant benefits for countries and societies but also presents serious risks that require stronger governance and oversight mechanisms. The report, scheduled to…...

2+ hour, 26+ min ago  (314+ words) UAE banks recorded strong balance sheet growth, improved asset quality and resilient profitability during the first quarter of 2026, according to a recent report by Alvarez & Marsal (A&M). However, geopolitical tensions that intensified toward the end of the quarter have increased…...

3+ hour, 20+ min ago  (386+ words) The U. S. dollar weakened on Thursday as investors turned cautious ahead of key U. S. jobs data that could help shape expectations for Federal Reserve policy, while broader markets saw pressure from falling oil prices and uneven performance in the technology sector. Traders…...

2+ hour, 50+ min ago  (203+ words) Inception42 announced on Thursday the launch of Seraj, a new enterprise AI model purpose-built to advance Arabic-language AI capabilities for government and enterprise applications. Developed jointly with Microsoft and available through Compass, Core42s sovereign AI platform, Seraj combines frontier AI performance with…...

7+ hour, 22+ min ago  (366+ words) The latest edition of the index evaluates 159 economies using two core pillars: universal connectivity and meaningful connectivity. Together, these indicators assess not only access to digital services but also how effectively people and businesses are able to benefit from modern…...

6+ hour, 12+ min ago  (432+ words) According to official data published by Abu Dhabi Media Office, the platform recorded substantial financial and operational growth over the past year, reflecting both increased founder demand and deeper investor participation. Hub71 startups collectively raised more than AED9. 9 billion ($2. 7 billion) in funding…...

4+ hour, 38+ min ago  (347+ words) Among the various blocs, the Arab Free Trade Area (AFTA) remained Egypt's strongest export destination group, with shipments increasing 22. 9 percent to $19. 8 billion in 2025, up from $16. 1 billion a year earlier. This performance underscores the continued importance of regional Arab markets in…...

4+ hour, 52+ min ago  (445+ words) Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, met with senior government and private sector officials in Argentina to discuss ways to strengthen trade and investment ties between the two countries. During the meetings, the two sides discussed…...

6+ hour, 27+ min ago  (325+ words) Economy Middle East UAE President restructures International Humanitarian and Philanthropic Council, appoints Sheikh Theyab as Chairman UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has issued Federal Decree No. (94) of 2026 to restructure the International Humanitarian and Philanthropic Council,…...